Big fines for retailers who sell cigarettes without tax stamp

123 RF / grazvydas

Authorities in the UAE have announced harsh penalties for selling cigarettes without the new digital tax stamp.

Retailers in the UAE who don't implement the new digital tax stamp scheme on tobacco products could be fined up to AED 50,000.

The Federal Tax Authority (FTA) says the penalties have been introduced to protect consumers and halt the sale of smuggled goods.

The system, which came into effect on the first of May, bans the import of cigarettes that don’t bear the digital stamp.

It's also designed to help the FTA ensure compliance with excise tax requirements.

 

More from Business

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • Starting up with Virtuzone

    10:00am - 11:00am

    Starting Up is back, with a fresh new edition in a brand-new timeslot every Tuesday from 10am-11am.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!